4 months DTI: No need for cement SRP for now MB |Biz
By Bernie Cahiles-Magkilat Trade and Industry Secretary Ramon M. Lopez said there is no need to impose an SRP (suggested retail price) on cement for now unless prices have, indeed, climbed to P240 per 40-kilogram bag of this major construction material. Trade and Industry Secretary Ramon M. Lopez (Bloomberg) “As of now, there is no need to impose SRP but if we can see prices prevalent already at P240 then we can impose an SRP to bring it back to P220,” Lopez told reporters. Lopez said he still has to look at the reports to see if, indeed, prices have ... more